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Device Leasing

device_leasing_sizings_1b
A better way to get better tech

It feels like the second you get the latest mobile devices, there are newer, better, more important models on the market. That’s a good thing (if you can exploit it).

What isn’t very good is when your people are stuck using obsolete tech (or when you’re paying through the nose to make sure they aren’t).

We’ve found a way for you to minimize up-front costs and keep your people and your business up-to-date. It’s called Device Leasing. And it’s exactly what you think it is.

Do the math

Here’s what our device leasing plans look like when you compare them to a two-year contract. (This example is of a well-qualified business with 10 lines with Samsung Galaxy S® 6.)

Compare for yourself

24 month example of total phone and service cost for a well-qualified business with 10 lines using Samsung Galaxy S® 6.

Sprint
Sprint Business Share Plan with Sprint Lease
Verizon
More Everything Plan with 2-year contract device purchase
Upfront phone cost $0.00 $1.999.90
Monthly phone cost $200.001 $0.00
Limited time offer
($5 / mo. service credit2 x 10 lines)
($50.00) NA
20GB shared data/mo. $90.00** $140.00
Average monthly access with Unlimited talk + text while on the Sprint network
(new lines port-in from another carrier)
$75.003 $400.00
Monthly total 10 lines $315.00 $540.00
24-month total 10 lines $7,560.00 $14,959.90
$7,399.90
Savings over 24 months

Comparison does not include optional device purchase at lease-end. Other Verizon device purchase and service plan options available. Price comparison as of 5/26/15.  Other monthly charges apply.**

1Per mo. for 24 months for well-qualified customer with new-line activation or eligible upgrade. All monthly service charges exclude taxes and Sprint surcharges. See below for details.**
2Requires new-line or activation or eligible upgrade on Sprint Business Share Plan.  $5/mo. service plan credit good for up to 24 months of lease term, provided the device remains active. Offer ends 7/9/15.
3After saving $20/mo./line with Sprint Lease. After 24 months, pay $15/mo./line access charge.

**Monthly lease payments exclude taxes (varies by area). Monthly services charges exclude taxes and Sprint Surcharges [incl. USF charge of up to 17.4% (varies quarterly), up to $2.50 Admin. & 40¢ Reg. /line/mo. & fees by area (approx. 5 -20%)]. Surcharges are not taxes. See sprint.com/taxesandfees.
Plan: Activ. Fee: $36/line. Credit approval req. Plan Details: Plans only available to Corporate-Liable business subscribers. CL discounts may apply only to monthly shared data charges. Includes unlimited domestic Long Distance calling and texting while on the Sprint Network. Data allowance as specified. Third-party content/downloads are add’l charge. Int’l svcs are not included. Data: Includes shared data across all subs. Depending on plans selected, includes 20GB of on-network data usage and 100MB off-network data usage. Add’l on-network data usage: 1.5¢/MB. Additional off-network data can be added by opt in only for 25¢/MB for tablets/MBBs. If conflicting share data allowances are applied to an account, the majority on account or most recent change may be applied for all lines. Mobile Hotspot usage pulls from your shared data and off-network allowances. Add-ons: Good for Enterprise™ or BlackBerry Enterprise Service 10 can be added to select data plans for an additional $15/mo. per line. Other BlackBerry smartphones can add BlackBerry Enterprise Server for $20/mo. per line. Messaging: Includes sending/receiving domestic texts (SMS) and pics/videos thru texts (MMS). Discounts: Discount of up to $20/mo./line will be applied within 3 invoices for customers that have chosen Lease. The discount will remain until a new device transaction. Discounts do not apply to basic/feature phone transactions. Monthly Access Charge: After 12 months customer will be charged applicable data allowance charge which varies by selection. Waived mo. access charge requires smartphone or basic/feature phone port-in from an active number and excludes upgrades, replacements and ports made between Sprint entities or providers associated with Sprint (i.e., Virgin Mobile USA, Boost Mobile, and Assurance) telephone numbers active on Sprint within previous 60 days, or Seasonal Standby plans. Usage Limitations: Other plans may receive prioritized bandwidth availability. To improve data experience for a majority of users, throughput may be limited, varied or reduced on the network. Sprint may terminate service if off network roaming usage in a month exceeds (1) 800 min. or a majority of min.; or (2) 100MB or a majority of KB. Prohibited network use rules apply-see sprint.com/termsandconditions. Lease: Terms for all other customers will vary including amount due at signing and taxes/fees. Req. qualifying device and service plan. No equipment security deposit required. Upon completion of 24 mo. term, customer can continue to pay monthly lease amount, purchase or return the device. Customer is responsible for insurance and repairs. Early termination of lease/service: Remaining lease payments will be due immediately, and requires device return or payment of purchase option device price in lease. $5/Mo. Lease Service Credit: Offer ends 7/9/15 . CL only. Req. eligible device on 24 mo. Sprint Lease and new-line activ. or eligible upgrade on Sprint Business Share plan. Receive $5/mo service credit for 24 months with eligible device with Sprint Lease. No cash back. Account must remain in good standing to receive svc credits. Allow up to 3 billing periods for 1st svc credit to appear following activ. Avail. from Sprint Business Rep. only. No discounts apply. May not be combined with other offers. Other Terms: Offers and coverage not available everywhere or for all devices/networks. May not be combined with other offers. Restrictions apply. See sprint.com for details ©2015 Sprint. All rights reserved. Sprint and the logo are trademarks of Sprint.


Business Payment Options

Sprint Business Share Plan example for a well-qualified business with 10 lines with iPhone 6:

Sprint Lease Easy Pay 2 year contract
Upfront phone cost $0 $0 $1,999.90
Upfront est. sales tax (8%) $0 $424.00 $160.00
Monthly phone cost* $200.00 $220.90 $0
Limited time offer
$5 / mo. service credit2 x 10 lines
($50) NA NA
20GB shared data $90.00 $90.00 $90.00
Unlimited talk + text $150.00 $150.00 $350.00
Waived acces charge ($150.00) ($150.00) NA
Owed Today $0 $424.00 $2,159.90
10 lines/per month $240.00 $310.90 $440.00
1 line/per month $24.00 $31.09 $44
24-month total cost $7,560.00 $9,685.60 $12,719.89

 

*Sprint Lease sales tax is paid monthly. Future leasing subject to device availability and monthly payments may vary. Sprint Easy Pay and 2-year Agreement sales tax is paid at point of sale.

All monthly service charges above exclude taxes and Sprint surcharges. See below.**

Waived access charge: After 2015, pay $15/month/line access charge. Comparison based on iPhone 6 16GB

2$5/mo. Lease Service Credit: Offer ends 4/9/15. CL only. 24 month lease term only. Requires new line activ. or eligible upgrade for devices on Sprint Business Fusion or Sprint Business Share plans only. Excludes upgrades, replacements and ports made between Sprint entities or providers associated with Sprint (i.e., Virgin Mobile USA, Boost Mobile, and Assurance). Receive $5/mo service plan credit for up to 24 months of lease. No cash back. Account must remain in good standing. Not combinable with other special offers. Allow up to 2 billing periods for 1st svc credit to appear following activ.

**Monthly lease payments exclude taxes (varies by area). Monthly services charges exclude taxes and Sprint Surcharges [incl. USF charge of up to 17.4% (varies quarterly), up to $2.50 Admin. & 40¢ Reg. /line/mo. & fees by area (approx. 5 -20%)]. Surcharges are not taxes. See sprint.com/taxesandfees.
Plan: Activ. Fee: $36/line. Credit approval req. Early Termination Fee (sprint.com/etf): Other programs or equipment purchases may require a minimum service term and up to $350/line Early Termination Fee.  Plan Details: Plans only available to Corporate-Liable business subscribers. CL discounts may apply only to monthly shared data charges. Includes unlimited domestic Long Distance calling and texting while on the Sprint Network. Data allowance as specified. Third-party content/downloads are add’l charge. Int’l svcs are not included. Data: Includes shared data across all subs. Depending on plans selected, includes 20GB of on-network data usage and 100MB off-network data usage. Add’l on-network data usage: 1.5¢/MB. Additional off-network data can be added by opt in only for 25¢/MB for tablets/MBBs. If conflicting share data allowances are applied to an account, the majority on account or most recent change may be applied for all lines. Mobile Hotspot usage pulls from your shared data and off-network allowances. Add-ons: Good for Enterprise™ or BlackBerry Enterprise Service 10 can be added to select data plans for an additional $15/mo. per line. Other BlackBerry smartphones can add BlackBerry Enterprise Server for $20/mo. per line. Messaging: Includes sending/receiving domestic texts (SMS) and pics/videos thru texts (MMS). Discounts: Discount of up to $20/mo./line will be applied within 3 invoices for customers that have chosen Lease. The discount will remain until a new device transaction. Discounts do not apply to basic/feature phone transactions. Monthly Access Charge: After 12 months customer will be charged applicable data allowance charge which varies by selection. Waived mo. access charge requires smartphone or basic/feature phone port-in from an active number and excludes upgrades, replacements and ports made between Sprint entities or providers associated with Sprint (i.e., Virgin Mobile USA, Boost Mobile, and Assurance) telephone numbers active on Sprint within previous 60 days, or Seasonal Standby plans. Usage Limitations: Other plans may receive prioritized bandwidth availability. To improve data experience for a majority of users, throughput may be limited, varied or reduced on the network. Sprint may terminate service if off network roaming usage in a month exceeds (1) 800 min. or a majority of min.; or (2) 100MB or a majority of KB. Prohibited network use rules apply-see sprint.com/termsandconditions. Sprint Easy Pay: Req. 24-mo. installment agreement, 0% APR, & qualifying device & service plan.  Credit approval req.  Device pricing for well-qualified customers.  Monthly payment terms for all others will vary and a down payment may be required.  Down payment, unfinanced portion and sales tax (on full purchase price) due at purchase. Early termination of Sprint Easy Pay/Service: If you cancel wireless service, remaining balance on device becomes due.  Lease: Terms for all other customers will vary including amount due at signing and taxes/fees. Req. qualifying device and service plan. No equipment security deposit required. Upon completion of 24 mo. term, customer can continue to pay monthly lease amount, purchase or return the device. Customer is responsible for insurance and repairs. Early termination of lease/service: Remaining lease payments will be due immediately, and requires device return or payment of purchase option device price in lease. $5/Mo. Lease Service Credit: Offer ends 7/9/15 . CL only. Req. eligible device on 24 mo. Sprint Lease and new-line activ. or eligible upgrade on Sprint Business Share plan. Receive $5/mo service credit for 24 months with eligible device with Sprint Lease. No cash back. Account must remain in good standing to receive svc credits. Allow up to 3 billing periods for 1st svc credit to appear following activ. Avail. from Sprint Business Rep. only. No discounts apply. May not be combined with other offers. Other Terms: Offers and coverage not available everywhere or for all devices/networks. May not be combined with other offers. Restrictions apply. See sprint.com for details ©2015 Sprint. All rights reserved. Sprint and the logo are trademarks of Sprint.


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